SOL_Review_Unit_10_2010[1]

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Mrs. Knapp
US History
Unit 10: The Great Depression and the New Deal
(Boom, Bust, and Recovery)
SOL Review
STANDARD VUS.10a
The student will demonstrate knowledge of key domestic events of the 1920s and 1930s by
a) analyzing how radio, movies, newspapers, and magazines created popular culture and challenged
traditional values.
Essential Understanding
The popular culture reflected the prosperity of the era.
Essential Knowledge
Mass Media and Communication
 Radio – broadcast jazz and fireside chats
 Movies – provided an escape from Depression Era realities
 Newspapers and Magazines – shaped cultural norms and sparked fads
Challenges to Traditional Values
 Traditional religions – Darwin’s theory and Scopes trial
 Traditional role of women – flappers and 19th Amendment
 Open immigration – rise of new KKK
 Prohibition – smuggling alcohol and speakeasies
STANDARD VUS.10b
The student will demonstrate knowledge of key domestic events of the 1920s and 1930s by
b) assessing the causes and consequences of the stock market crash of 1929.
Essential Understanding
The United States emerged from World War I as a global power. The stock market boom and
optimism of the 1920s were generated by investments made with borrowed money. When
businesses failed, the stocks lost their value, prices fell, production slowed, banks collapsed,
and unemployment became widespread.
Essential Knowledge
Causes of the stock market crash of 1929
 Business was booming but investments were made with borrowed money (overspeculation)
 Excessive expansion of credit
 Business failures led to bankruptcies
 Bank deposits were also invested in the market
 When the market collapsed, the banks had no money
Consequences
 Clients panicked attempting to withdraw their money from banks but there was nothing to give them
 No new investments
STANDARD VUS.10c
The student will demonstrate knowledge of the key domestic events of the 1920s and 1930s by
c) explaining the causes of the Great Depression and its impact on the American people.
Essential Understanding
The Great Depression caused widespread hardships.
Essential Knowledge
Causes of the Great Depression
 The stock market crashed in 1929 and stock prices collapsed.
 Federal Reserve’s failure to prevent widespread collapse of the nation’s banking system in the late 1920s and
early 1930s, leading to severe contraction in the nation’s supply of money in circulation
 High protective tariffs that produced retaliatory tariffs in other countries, strangling world trade (Tariff Act of
1930, popularly called the Hawley-Smoot Act)
Impact
 Unemployment and homelessness
 Collapse of financial system (bank closings)
 Demand for goods declined
 Political unrest (growing militancy of labor unions)
 Farm foreclosures and migration
STANDARD VUS.10d
The student will demonstrate knowledge of key domestic events of the 1920s and 1930s by
d) describing how Franklin D. Roosevelt’s New Deal relief, recovery, and reform measures addressed
the Great Depression and expanded the government’s role in the economy.
Essential Understanding
The New Deal altered permanently the role of American government in the economy. It also
fostered changes in people’s attitudes toward government’s responsibilities. Organized labor
acquired new rights, as the New Deal set in place legislation that reshaped modern American
capitalism.
Essential Knowledge
New Deal (Franklin Roosevelt)
 This program changed the role of the government to a more active participant in solving problems.
 Roosevelt rallied a frightened nation in which one in four workers was unemployed. (“We have nothing to fear,
but fear itself.”)
 Relief measures provided direct payment to people for immediate help (Works Progress Administration—WPA).
 Recovery programs were designed to bring nation out of the Depression over time (Agricultural Adjustment
Administration—AAA).
 Reform measures corrected unsound banking and investment practices (Federal Deposit Insurance
Corporation—FDIC).
 Social Security Act offered safeguards for workers.
 The legacy of the New Deal influenced the public’s belief in the responsibility of government to deliver public
services, to intervene in the economy, and to act in ways that promote the general welfare.
1920s
Mass Media and Communication
Radio
Movies
Newspapers and Magazines
Challenges to Traditional Values
Traditional Religions
Traditional Role of Women
Open Immigration
Prohibition
Broadcast __________ and
______________________
Provided an _________ from
______________Era realities
Shaped _____________ norms and sparked
_________
___________ theory and ___________ trial
____________ and ______ Amendment
Rise of new _______
Smuggling __________ and ______________
GREAT DEPRESSION
Causes:
 Overspeculation of __________
(1929 crash)
 Federal Reserve’s failure to prevent
collapse of _____________________
 High protective _________ resulting in tariffs from other
countries
 Tariff Act of 1930 - _____________________ Act
Franklin Roosevelt’s New Deal
Acronym
Acronyms
mean?
WPA
Works Progress
Administration
AAA
Agricultural
Adjustment
Administration
FDIC
Federal Deposit
Insurance
Corporation
Social Security
Impact:
 Unemployed and
_________________
 Collapse of _____________________
 Political unrest (growing militancy of
___________________)
 Farm foreclosures and
_____________
How did this program help
Employed people to do ______________
with direct payment for immediate help
Recovery programs to bring nation out of
depression over time
Increased government regulation of
_______________ and made payments to
farmers
Corrected unsound banking and investment
practices
Insured _______ in individual bank
accounts
Unemployment insurance for those
_____________
Pensions for __________ over the age of 65
Payments for blind, disabled and elderly –
and to wives and children of male workers
who die
Roosevelt rallied a frightened nation in which one in four workers was unemployed.
What famous quote from this era was spoken by Roosevelt?
___________________________________________________
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